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Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its ...
University of Houston professor Steven Craig said the Krogers-Albertsons merger falling apart is a good development for ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Albertsons in a lawsuit claims Kroger got cold feet and acted in its own interests rather than pursuing completion of the ...
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Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself ...
For the two grocery rivals, which had been on track to marry their numerous supermarket banners, the lawsuit amounts to a ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner. Wednesday’s lawsuit comes a day after a federal judge ...
Meanwhile, Albertsons has sued Kroger, alleging the company held back on information that could have bolstered the argument for a merger. With the weekly grocery ads released Wednesday ...